Super write up Rahul and Aryaman...was not aware of this blog....I am sure with this set up many lending players can do what Ant financial is doing in China and the best part is unlike China, in India upside is with multiple players and not just one player as India as public infrastructure. Just one question will there be any guidelines that LSPs must have more than one lender on their platform. My fear is my tech companies are in a monopoly situation like Swiggy or Uber or Urban company. If they tie up with just one or two lenders because they get more commission from them then customers will be losers....
Super write up Rahul and Aryaman...was not aware of this blog....I am sure with this set up many lending players can do what Ant financial is doing in China and the best part is unlike China, in India upside is with multiple players and not just one player as India as public infrastructure. Just one question will there be any guidelines that LSPs must have more than one lender on their platform. My fear is my tech companies are in a monopoly situation like Swiggy or Uber or Urban company. If they tie up with just one or two lenders because they get more commission from them then customers will be losers....